With so many 529 savings plans to choose from, it's important to ask a lot of questions in order to select the best plan for you. Compare the plans offered by different states If you're interested in opening a 529 savings plan account, consider all your options. You can typically join any state's 529 savings [...]
In the college savings game, all strategies aren't created equal. The best savings vehicles offer special tax advantages if the funds are used to pay for college. Tax-advantaged strategies are important because over time, you can potentially accumulate more money with a tax-advantaged investment compared to a taxable investment. Ideally, though, you'll want to choose [...]
529 plans are tax-advantaged education savings vehicles and one of the most popular ways to save for education today. Much like the way 401(k) plans revolutionized the world of retirement savings a few decades ago, 529 plans have changed the world of education savings. An overview of 529 plans Congress created 529 plans in 1996 [...]